YEARLY HIGH
0.9315 PKR
YEARLY LOW
0.7897 PKR
YEARLY AVERAGE
0.8669 PKR

2014 ISK to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the ISK to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 3, valuing the pair at 0.9315. Conversely, the yearly low was recorded on December 21, dropping to 0.7897.

This high-to-low spread represents a total annual volatility of 0.1418 PKR. From a start-to-finish perspective, comparing the January average rate of 0.9111 to the December average rate of 0.8050, the exchange rate registered a net change of -11.64% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.9315 was up 1.52% compared to the 2013 peak of 0.9176, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 ISK based on timing:

Yearly Peak High 4,658 PKR
2013 Average 4,165 PKR
Yearly Trough Low 3,948 PKR
Transaction Impact: A difference of 709.23 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.9317
0.7935
JanuMarcMayJulySeptNove

ISK to PKR Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.8887, compared to 0.8450 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0437 points.

H1 Avg (Jan–Jun) 0.8887
H2 Avg (Jul–Dec) 0.8450

Volatility Range Comparison

Volatility

The most volatile month in 2014 was March, with a trading range of 0.0721 PKR (High: 0.9315 / Low: 0.8595). On the other end, October was the most stable month, with a tight range of 0.0114 PKR (High: 0.8571 / Low: 0.8457).

March Spread (Volatile) ±0.0721
October Spread (Stable) ±0.0114

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2014. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0319 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0319

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2014: 0.8883) against the same month in 2013 (average: 0.7852), the exchange rate shifted by +0.1032 (+13.14%).

2014 Avg (March) 0.8883
2013 Avg (March) 0.7852

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9181 0.9031 0.9111
February 0.9300 0.9111 0.9202
March 0.9315 0.8595 0.8883
April 0.8785 0.8568 0.8690
May 0.8840 0.8703 0.8763
June 0.8750 0.8614 0.8672
July 0.8757 0.8564 0.8646
August 0.8723 0.8534 0.8630
September 0.8736 0.8478 0.8620
October 0.8571 0.8457 0.8508
November 0.8436 0.8116 0.8248
December 0.8253 0.7897 0.8050